Tendto Credit Union (EIN 251086321) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

Michael W Kalie

Phone

8144556400

Tax Period

2024-01-01 to 2024-12-31

Tendto Credit Union, founded in 1958, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. Expenses of $6.7M left a modest 6% surplus.

Mission

To conduct the ordinary and necessary business of a credit union involving the receiving of savings of members and lending money to members for provident purposes.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,084,504

Investment Income $1,000,578

Other Revenue $0

TOTAL REVENUE $7,085,082

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,362,624

Fundraising Expenses $0

Other Expenses $3,033,329

TOTAL EXPENSES $6,661,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,085,082	$6,797,660	+0.0%
Expenses	$6,661,582	$6,088,696	+0.1%
Net Income	$423,500	$708,964	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$5,000

Total Directors

$14,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Kalie	CEO/President	40.00		$197,454	$0	$197,454
Brian Palotas	COO	40.00		$127,098	$0	$127,098
Wade Brink	CFO	40.00		$121,584	$0	$121,584
Debra M Griffis	Director	5.00	Director	$1,800	$0	$1,800
Jody Moyer	Director	5.00	Director	$1,500	$0	$1,500
Stacy Buczynski	Secretary	5.00	Officer Director	$1,375	$0	$1,375
Ryan Heidt	Chair	5.00	Officer Director	$1,375	$0	$1,375
Jeffrey J Orlando	Director	5.00	Director	$1,300	$0	$1,300
Richard A Killian Jr	Vice Chair	5.00	Officer Director	$1,250	$0	$1,250
Jacob M Robertson	Director	5.00	Director	$1,200	$0	$1,200
Karolina Zielinski	Director	5.00	Director	$1,000	$0	$1,000
John Flick	Treasurer	5.00	Officer Director	$1,000	$0	$1,000
Mark Kloecker	Director	5.00	Director	$800	$0	$800
John Orlando	Director	5.00	Director	$750	$0	$750
Tim Kaercher II	Director	5.00	Director	$700	$0	$700

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$7,085,082	$6,661,582	$135,424,961	$423,500
2023	$6,797,660	$6,088,696	$133,274,958	$708,964
2022	$5,612,057	$5,309,840	$142,215,827	$302,217
2021	$5,588,954	$4,682,694	$140,698,477	$906,260
2020	$5,315,582	$4,928,642	$128,721,333	$386,940
2019	$6,022,702	$5,252,065	$111,377,350	$770,637
2018	$5,923,814	$6,317,422	$107,666,041	$-393,608

Tendto Credit Union